Browse Data and Analysis

On September 13, 2023, the State Council Tariff Commission (SCTC) announced an extension of the Section 301 retaliatory tariff exclusion period for sorbitol and other select U.S. commodities would be valid to April 30, 2024.

Raisin production is expected to rebound by nearly 12 percent to 190,000 MT in MY 2023/24 from the previous year after the government of the People’s Republic of China (PRC) removed Covid restrictions that disrupted the previous season’s processing and harvesting.

Soybean imports are raised to a record 101 million metric tons (MMT) in marketing year (MY) 22/23 on surging imports, which reached 84.3 MMT through July.

On July 22, 2023, the People’s Republic of China (PRC) State Administration for Market Regulation (SAMR) released revised Measures for Supervision and Administration of Quality and Safety of Edible Agricultural Products in Markets.

Marketing year (MY) 23/24 cotton production is lowered to 5.9 million metric tons (MMT) on reduced planted area and raised for MY 22/23 to 6.68 MMT on higher planted area and reported volumes of classified Xinjiang cotton.

On August 24, the General Administration of Customs of China (GACC) suspended all imports of aquatic products (including edible aquatic animals) from Japan, effective immediately.

Most U.S. dairy facilities registered to ship dairy products to the People’s Republic of China (PRC) will have their registration status expire on August 31, 2023.

On August 24, the Ministry of Agriculture and Rural Affairs (MARA) published on its website the transcript of a question-and-answer session on agricultural biotechnology.

Chicken meat production is forecast to decline from both white broiler and yellow broiler in 2024 due to import constraints the People’s Republic of China (PRC) placed on avian genetics and related materials for Highly Pathogenic Avian Influenza (HPAI)-related reasons and for continued live poultry market closures.

On July 21, 2023, the People’s Republic of China (PRC) Ministry of Agriculture and Rural Affairs (MARA) announced its approval of two new varieties of feed additives, four feed ingredients, and modifications to the feed additives and ingredients catalogs.

The economy of People’s Republic of China (PRC) is facing headwinds for the remainder of 2023 that should continue into 2024 even though officials are exploring various stimulus efforts.

China’s consumption of wood products has fallen significantly due to slowing economic growth, a weakened housing sector, changing consumer preferences, and reduced demand from overseas markets.